Adding custodial wallets to Privy’s wallet stack
Enabling global enterprises to power stablecoin flows at scale
Henri Stern
|Feb 18, 2026
Get started with custodial wallets by learning more in our docs, or reach out to sales@privy.io.
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As stablecoin usage expands globally, public companies and large financial institutions are coming onchain for the first time. Privy supports global businesses like Klarna and MAJORITY as they use crypto and stablecoin infrastructure to expand their products and reach users worldwide.
Through this work, we’re seeing firsthand how global businesses operate across different users, markets, and regulatory environments. For many teams, custodial wallets offer a familiar operating model, clearer recovery paths, and additional control as digital assets move into production environments.
Today, we’re excited to add custodial wallets to Privy’s stack.
Developers, businesses and institutions can now choose the right custody model on a per-wallet basis and serve custodial and self-custodial experiences side by side.
By adding custodial wallets as an option in Privy’s wallet stack, businesses gain:
Access to licensed custodians to support operational or regulatory requirements
Clear separation between product logic and asset custody
Institutional-grade controls for authorization, approvals, and risk management
Custodial wallets run on the same infrastructure that powers every Privy wallet, built on our proprietary architecture for secure key management and authorization. They retain the features required for sophisticated, real-world use cases at scale, while being backed by a licensed custodian of your choice. We’re starting with Bridge, with more custodians to be added over time.
Custodial wallets are already being used in production by early partners.
Infinite, which provides APIs and SDKs that let businesses integrate stablecoin payment capabilities into their products, is using Privy custodial wallets to power fast, low-cost global settlement without introducing crypto complexity.
“With Privy, we can run custodial wallets alongside self-custodial setups through a single system. That flexibility lets us align custody with different use cases without maintaining separate infrastructure, and scale across markets with confidence.” — Nikhil Srinivasan, CEO of Infinite
Splash, a consumer finance platform building a neobank for emerging markets, is leveraging Privy custodial wallets to enable seamless money movement within its ecosystem.
“We chose a custodial setup to prioritize regulatory clarity as we expand into new markets. Privy’s wallet infrastructure and flexible custody model gave us the confidence to launch with the right foundation from day one.” — Yoav Shaked, COO of Splash
Privy is the first wallet infrastructure platform to offer flexible custody through a single API. Now developers and businesses can choose the right setup per product or region, and easily adapt over time without re-architecting their entire system.
Custodial wallets are live today. Learn more in our docs and enable custodial wallets for your product by reaching out to sales@privy.io.
